Tax Planning

A wealth plan would be incomplete without the consideration of tax implications. At Ogden Wealth, we aren’t tax experts, but we know when to consult them. Our role in tax planning is to suggest tax-saving strategies to you as part of your overall financial plan, then to work with your accountants and attorneys to implement those strategies.

We encourage you not to overlook basic tax planning strategies like maximizing deductions and making maximum contributions to retirement plans. We also can help small business owners with more complex strategies, like using defined benefit plans, deferred compensations plans, and various corporations to take appropriate advantage of tax-saving regulations.

We encourage you to take advantage of legitimate tax-saving provisions in the U.S. tax code, but we’re never going to recommend offshore accounts or other dubious tax shelters. Our philosophy is that each of us should pay every penny of taxes we owed, but not a penny more.

Benefits from our tax planning service include:

  • Evaluating business structure to optimize the benefits of the Internal Revenue code
  • Focusing on opportunities unique to your individual business or industry
  • Understanding the tax consequences related to your individual investments
  • Maximizing your retirement plan savings under current tax law